Democracy starts with you, tag your it! ...Thom Hartman
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no it says name changed, not Coop is parent. MR COOPER is registrant dba name for WMIH CORP.
This is verified with DTCC. Nice twist
Doesn't matter what Diamond Hills thinks something might be. Why dont you check with the DTCC like I did?
What's silly is your use of third party information as more legit than the actual regulatory source, rather than just going to the headwaters at DTCC GMEI Utility...or even at the GLOBAL LEI website https://search.gleif.org/#/record/549300KD8C6DPXYC2M26
Mr Cooper is just the name changed SEC registrant for WMIH CORP, parent corp. .... a la dba Mr Cooper. doing business as...
"As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome."
Nationstar is still an ACTIVE DTCC LEI financial entity coded
as is
WMIH CORP is still an ACTIVE DTCC LEI financial entity coded
I just saw Nationstar also has an ACTIVE LEI number STATUS and ISIN codes. Interestingly, although ACTIVE, activity is locked at the moment as Action is Pending !?!
" Actions Restricted
The record is currently pending operational review, and cannot be renewed or challenged at this time."
wow. jeez
Raj, Why get info from 3rd party, end of the leash, last to know type of places?
Why not go to the source at DTCC GMEI utility - who is the creator and issuer of the information https://www.gmeiutility.org/actions/RecordDetails/viewRecordDetails/355551373075292745
sharks who'd love for you to give up and write off your escrow tracking cusips. It can be done procedurally through the DTCC if one were to give them up.
The more who give up, the less to share.
Raju, ; ) Don't read press releases which have no legal standing or accountability.
Rather, read COOPS SEC and merger filings AND the DTCC GMEI Utility filings for WMIH CORP, who's status as of today (just checked) is "ACTIVE" and "FULLY CORROBORATED"
Yes Raj, dont trust the DTCC and its sub GMEI Utility who put WMIH CORP as a separate legal financial entity from MR. Cooper Group, as referenced by said DTCC LEI number. [sarcasm]
WMIH CORP, who's STATUS: is "ACTIVE" and "FULLY CORROBORATED"
and MR COOPER who has no financial entity LEI code and reports only to the SEC, and doesn't report to the DTCC GMEI Utility
This is a family of businesses with separate legal distinctions, but only one trades on the stock market as a loan servicer, and the other WMIH CORP,.....has the only financial entity LEI code to deal with structured financial assets. a mutual fund, of mutual funds
The WMIH CORP ISIN cusips listed under its solo private LEI number, distinctly tie the past, present, and future together for those who released.
Sorry you didnt release
HLCE
seriously, I should dig up that ostrich photo I put on BP years ago, LMAO
If you research the chronology of the filings, one filing of many being lapsed, is inconsequential to the STATUS.
This proves true over multiple unrelated entities.
READ IT! STATUS = ACTIVE FULLY CORROBORATED, despite having a lapse of one single filing. Its apparently not a big deal as thousands of other companies lapse one filing as well.
If you dont like one website, try other legit ones with DTCC info streams
I cant make it more simple than that. Maybe you shouldn't be trading complex financials
They're are not going to lie to you, they can only speak of what they are, and own. The WMILT can't speak for the FDIC can it? No business is gonna get sued for slander, or misrepresentation by speaking about stuff that aint their responsibility. And I believe this whole shebang was setup to take advantage of this, to play 'hide the sausage' for over 10 years and counting.
People who tell me to knock on doors that I know lead to nowhere, are doing a disservice to this message board; intentionally or ?
Why knock on doors that lead to no where, unless that is your intention...to lead people to no where. Its dishonest
ITs telling. I stayed off the MBs for a while (after someone hacked my board post specific email looking for docs (they thought) I had). I left a trap.
The patterns are unmistakable.
Millions of hours spent on Message board Myth & Lore, escrow calculators, recommendation to switch en masse last second to DIMES, H's...I could go on for hours.
I know who'd I'd be class actioning if I hadn't released.
you didn't read anything i said, which I dont have the time to repeat myself to obvious trolling. If you dont understand the legal inability of one corporation, to speak on behalf of another other legal public or private entities, than you have no business trading, or otherwise.
Direct communication is only as good as the information they share.
COOP can only share COOP. It cant share WMILT, FDIC, JPM, DBank, Bond trustees, nor WMIH private information
FDIC can only share FDIC. FDIC can't share JPM, WMILT, TD, nor WMIH CORP private information
JPM can only share JPM information. JPM can't share WMILT, FDIC or WMIH
MR COOPER has ZERO LEI code.. The WMIH CORP LEI info was updated a couple months ago, which was years past MR COOPER emerging.
Further I've seen the subsidiary tree at the DTCC.
Listed is parent WMIH CORP LEI
Second below, is sub MR COOPER SEC
Why not talk to God directly at the national DTCC GMEI Utility like I did. that's my point.
Why talk to the local pastor at COOP, when you can talk to God who oversees all the chaos. DTCC is the ONLY distillery of information.
COOP can only talk COOP. It cant talk as an authority on WMILT, the EC, legacy bond trustees, WMI, WMIH CORP, etc.
COOP only talks COOP
You're trying to get me to play the same game, as during the WMILT days,.....call the LT and verify... duh, LT can only verify what its has legal authority and obligations over.
Like I coined "hide the sausage" accusation to Rosen back in the court objection days, the same thing applies today.
People are still protecting and hiding the sausage to this day - which makes no sense other than legal liabilities from such insider activity. The sausage is just under a different hat now, that we just found....WMIH CORP and its LEI code proof.
WRONG! Did you read it completely and check the chronological filings as they occurred? nope
One filing of many required is shown as "lapsed", and in my opinion, this is on purpose so that WMIH CORP can try and stay hidden behind MR COOPER's skirts, for a little longer.
If you review the chronology, you see multiple other filing updates were made by WMIH CORP, and that their
STATUS is stilll...."ACTIVE" and "FULLY CORROBORATED".
Doesn't sound like WMI CORP is defunct!
And you could take it further like I did and research through the DTCC GMEI Utility, if this lapsed issue is common with other financial entities, and you'd find many others with the same missing occasional documents, and also still have an ACTIVE and FULLY CORROBORATED status.
The only financial reports WMIH CORP reports through its registrant subsidiary MR COOPER the loan servicer.
Research MR COOPER...does it have an LEI code? NO. How does MR COOPER report its servicing? the SEC. Does MR COOPER have public ownership and obligations? Yes. Therefore SEC
Does WMIH CORP have an LEI code, yes. Is WMIH CORP only allowed to participate in structured financials like bonds? Yes. Is WMIH CORP publicly held and trade? NO. Therefore no SEC. LEI code suffices.
Legacy WMI holders who released, privately own WMI CORP and its LEI protected assets.
We're all tired of the games, and the longer it takes, more information is just going to come to light.
Someone is legally and financially liable for inside trading and using this knowledge to lead folks into switching out of legacy stocks and not releasing.
I'm sorry for whomever got suckered, and they should class action sue their ^$%$% asses off
Its... interesting.. that you only mention these couple WMB ones that you only magically seemed to click on randomly, that show up near the end of the list., and didnt manage to see anything else. you should buy a lotto ticket.
IF you read further, these specific bond cusips Matured or Liquidated PRIOR to 2008 and the FDIC receivership and subsequent (2) WMI bankruptcy entities. They neither went to the FDIC, JPM, LT or whatever boogyman you believe in.
The other 33 are active cash producing bonds, many until 2041 (multiple).
Too bad you stopped so short in your research, as you'd clearly see the connection over the years between these 40 ISIN bond cusips...all belonging to one specific entity WMI/WMIH CORP over the decades surrounding receivership and bankruptcy !!
WMI/WMIH CORP owned these bond cusips before 2008, today, and into the future 2041.
These were WMI/WMIH CORP before, and after.
Hope you released.
HLCE
OR, you could do it yourself. Why dont ya just read up a bit? LEI codes are public information. Would I believe the DTCC is more accurate than an anonymous MB poster or MR. cooper's investor relations hireling? Yep. Do the work.
You can verify with the only national regulatory authority over LEI codes....the DTCC's sub GMEI Utility that verifies WMIH CORP's LEI number is as shown, and is solely owned by a separate legal financial entity called WMIH CORP.. ..a separate financial entity legally separate and segregated from Mr Cooper.
Mr Cooper Group doesnt have an LEI number !!!! It cannot legally handle these financial transactions with out having a direct parent who does have a DTCC authorized LEI financial entity code.
WMIH CORP is the financial entity.....right now....as verified with the DTCC, as holding the LEI financial entity registration number, and whose "STATUS" is listed as "ACTIVE" and FULLY CORROBORATED".
The 40 ISIN bond cusips are only registered to WMIH CORP and its personal LEI code, not MR Cooper Group. There is zero cross pollination of legacy assets.
Legacy WMI/WMIH CORP assets are legally distinct and separate from Mr. Cooper as servicer.
I might have a copy, but I'm not giving away everything. Never know who's who on these boards, eh?
Hope it keeps going. looks great so far.
nope, there were some billing slip ups by A&M on KCCLLC years ago, that some of us caught and recorded before they erased it.
Further, what idiot wouldn't want to double track and verify what some Trust claims is your balance? OF course A&M was tracking it on behalf of WMI.
Do you never reconcile your bank statements? yikes
WMI was chapter 11 re-org not chapter 7 liquidation. Logically, in a re-org there are assets to be reunited with. The debtor has to keep an eye on them.
What kind of an idiot wouldn't?
No, you can see what is matured, liquidated, or ACTIVE on the DTC GMEI utility website. I've already posted the proof.
Wondering: where did these 50 WMI ISIN cusips get blended and folded?
Indeed, of the 50 I found, 12 were able to cross reference with WMIH CORP's ACTIVE ISIN cusips on their LEI report.
Under who's and what's LEI number owns the remaining 38? This is another subject of research that might reveal another literal and physical connection to our escrow cusips, and I think I know how....its gonna take some work
I'm skipping an awesome swell today to be here, and so far I thinks it worth it.
What's funny strange is when I cross reference these ACTIVE WMI bonds in Schwab bonds trading (for schwab you use the abbreviated form) I get a scriveners type error ...
"Function is temporarily unavailable"
However, I can cue up any of the matured or liquidated old WMIH ones no problem.!!!
haha, we know its there, just cant say it just yet.....
New ISIN finds - WMI this time! Over 50 of them. And many still ACTIVE to 2041; not Mat'd or Liq'd. AZ said there were more. These ARE separate from the 40 I posted last week belonging to WMIH CORP's financial entity registration LEI number, of which COOP has none.
Highlights:
1) ISIN cusip for old WMI commons, is ACTIVE US9393221034. Maybe the 'missing link' to how our escrow cusips are connected, for those who released UQs
2) WMI ISIN cusips that matured or liquidated during the (2) bankruptcies, whose income and interest generated has been held in safe harbor, and will be a portion of the bulk lump sum release from 10+ years of accumulation, as AZ has described.
US 939322AY91, US939322AL70, US939322AS24, US939322AQ67, US939322AX19, US939322AJ25, US939322AH68, US 939322AT07, US939322AW36
3) WMI ISIN cusips that are ACTIVE today, some until 2041, which will produce the annual returns into the future as AZ has described. Only 11 of these show up also as WMIH ISIN cusips. The rest here are listed as ACTIVE for WASHINGTON MUTUAL INC
US9393222024, US939322AF08 (until 2041), US9393221034 (WMI commons), US9393221117 (2041), US9393227643, US9393228484 (2041), US9393228559, US9393227312, US9393227726 (shown also on WMIH ISIN), US9393227494, US9393228229, US9393226991, US9393224004 (on WMIH ISIN also), US939322AZ66, US9393227072 (shown on WMIH ISIN also), US9393227809 (on WMIH ISIN also), US9393227155, US9393228633, US9393228716, US9393228062 (shown on WMIH ISIN also), US939322AT07 (on WMIH ISIN also), US9393223014, US939322BA07, US9393226082 (also on WMIH ISIN), US9393228898, US939322AN37 (also on WMIH ISIN), US9393227569 (also on WMIH ISIN), US9393222070, US9393227239, US939322AE38 (on WMIH ISIN cusip also), US9393228146, US9393225092, US9393228302, US939322AW36 (shown on WMIH ISIN also), US9393227981 (shown on WMIH ISIIN also)
There is more to come....
HLCE
The FDIC only has authority over WMB the bank. WMI/WMIH CORP is a holding company, that was only temporarily put on hold till the bankruptcies were finished, and then resumes as normal. This was chapter 11 reorg, not a liquidation. Any income on hold (safe harbor) during chapter 11, accumulates with interest and will come home to roost
Exactly
I just found at least 16 more ISIN cusips registered to WMI that are open and active
So now we have 14 ISIN cusips to WMIH CORP
and 16 so far to WMI.
Keeps getting better.
They just show as open and active. Was gonna do more looking later.
ME also!
With a little effort you can find the "no info" ones in a bond database (A.N.N.A.). These are the 14 legacy WMI that are still ACTIVE and not matured or liquidated.
Coop cannot take anything.
to those who released. Read the 40 ISIN codes registered to an "ACTIVE" and "Fully Corroborated" corporation name WMIH CORP. And then research ISIN code deciphering to determine the bond cusips contained within each ISIN code. Then research each bond cusip with an appropriate database - it took a few searches to find one comprehensive enough to list them all (A.N.N.A.)
There are 14 legacy WMI cusips still ACTIVE, not Matured and not Liquidated - that is 14 ongoing securitizations. IF you released, you released to get legacy WMI product. Your escrow tracking marker cusips are your proof of your % portion released.
Why would COOP get any of that? Did COOP release? nope. COOP came years after people released and WMIH reorganization started. COOP was late to the party.
COOP is the mortgage servicing unit of parent WMIH CORP, as now shown and proven. Not to mention the Natioinstar merger docs always stated that WMIH CORP would be the surviving entity.
I happily own COOP, but COOP isn't getting legacy interests, thanks for the laugh.
None of the REITs, nor WMIH CORP itself are publicly traded. So I don't expect any announcement.
It will be a mechanical and robotic process when it moves.
These REITS have been paying all their other investors over the last 10 years. THE WMI/WMIH CORP stuff was put on ice until our BKs closed this last spring.
Hey man, been a while! That'd be my expectation as well, assuming an annual basis calculation is ending December 31st, and the REITs are not reporting based on some obscure fiscal year (ie March to March).
I haven't really looked into that yet. AZ most likely has.
My mind is blown away seeing legacy WMI inside a still "ACTIVE" and "fully corroborated" WMIH CORP. Mind. Blown.
With my luck, Coop will be unaffordable by the end of year disbursement. Maybe by design.